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Stock impact report

Eagle Bancorp Montana Earns $3.2 Million, or $0.51 Per Diluted Share, in Second Quarter 2019; Assets Surpass $1.0 Billion; Raises Regular Quarterly Cash Dividend by 2.7% to $0.095 per Shar...

Eagle Bancorp Montana, Inc. (EBMT) 
Company Research Source: GlobeNewswire
HELENA, Mont., July 23, 2019 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today reported net income of $3.2 million, or $0.51 per diluted share, in the second quarter of 2019, compared to $1.2 million, or $0.18 per diluted share, in the first quarter of 2019, and $1.3 million, or $0.24 per diluted share, in the second quarter of 2018.  There were $5,000 in acquisition-related expenses in the second quarter of 2019, compared to $1.2 million in the preceding quarter and $131,000 in the second quarter a year ago. In the first six months of 2019, net income increased 132.4% to $4.4 million, or $0.69 per diluted share, compared to $1.9 million, or $0.35 per diluted share, in the first six months of 2018. Additionally, Eagle’s board of directors increased its regular quarterly cash dividend by 2.7% to $0.095 per share on July 18, 2019.  The dividend will be payable September 6, 2019 to shareh Show less Read more
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